Analytical Laboratory Instrument Manufacturing — Average Employee Salary
The average employee in the analytical laboratory instrument manufacturing industry earns $116,858 per year ($56.18/hour), according to Bureau of Labor Statistics QCEW data.
What Do Analytical Laboratory Instrument Manufacturing Workers Earn?
At $116,858/year (equivalent to $56.18/hour for a full-time worker), analytical laboratory instrument manufacturing wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical analytical laboratory instrument manufacturing business employs 37 people. These are larger operations where staffing represents a major cost center and management complexity.
Wages as a Percentage of Revenue
For the average analytical laboratory instrument manufacturing business generating $38.9M/year with 37 employees at $116,858 each, total payroll represents roughly 11.1% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a analytical laboratory instrument manufacturingbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $151,915/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 37 employees = ~$4,323,746/year in base payroll.
- Hourly equivalent: $56.18/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $38.9M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Analytical Laboratory Instrument Manufacturing revenue benchmarks →Frequently Asked Questions
- How much do analytical laboratory instrument manufacturing employees make?
- The average analytical laboratory instrument manufacturing employee earns $116,858 per year, which is equivalent to $56.18/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the analytical laboratory instrument manufacturing industry?
- The analytical laboratory instrument manufacturing industry employs 46,325 workers across 1,263 establishments in the United States. The average business in this industry has approximately 37 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).